Thriving Newsagents in Leicestershire with High Footfall and Expansion Opportunities For Sale
Undisclosed, Leicestershire
- Status
FOR SALE
- Advert ID
613991
- Reference
S1724 / Rightbiz
- Call Agent:
- Turnover: £495,000 (£9,519 Per week)
- Net Profit: £41,000 (9% Profit margin)
Key Features
- Accounts Available
- Small Business
- Company for Sale
- Established Business
- Retirement Sale
- Town Centre location
- Offers Invited
Business Details
A Very Well Established Newsagents in the Midlands For Sale
An opportunity to acquire a long-standing well established newsagents based in the West Midlands.
Ideally located in the town centre of an affluent area, the company achieves high footfall, with an abundance of repeat trade and new customers alike.
A key service offering is newspaper delivery over a large 50 mile radius, which on average turns over £4,500 per week.
Other offerings available include:
- Newspapers & Magazines
- Lottery
- Confectionary
- Stationary/Cards
- Tobacco
- Groceries
- Sandwiches & Hot Drinks.
Financially, the company has shown consistent turnover with an average turning around £12,000 per week, and there is further scope to increase this through expansion of the delivery services, and utilising social media to engage with an online audience.
Offers invited on an opportunity, which is being made available to facilitate retirement.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
